MFS Municipal Income Trust Company Profile (NYSE:MFM)

About MFS Municipal Income Trust (NYSE:MFM)

MFS Municipal Income Trust logoMFS Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies or instrumentalities. The Fund invests in industries, including healthcare, tobacco, water and sewer utility, universities-colleges and universities-secondary schools. It has investments in areas, including Alabama, Alaska, Arizona, California, Colorado and Florida. The Fund's investment advisor is Massachusetts Financial Services Company (MFS).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed End Funds
  • Sub-Industry: N/A
  • Symbol: NYSE:MFM
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $7.24
  • 200 Day Moving Avg: $7.13
  • 52 Week Range: $6.51 - $7.49
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Dividend:
  • Annual Dividend: $0.38
  • Dividend Yield: 5.3%
Misc:
  • Average Volume: 62,931 shs.
  • Beta: 0.04
 

Frequently Asked Questions for MFS Municipal Income Trust (NYSE:MFM)

What is MFS Municipal Income Trust's stock symbol?

MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."

How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?

MFS Municipal Income Trust declared a monthly dividend on Tuesday, September 5th. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.0325 per share on Friday, September 29th. This represents a $0.39 annualized dividend and a dividend yield of 5.40%. The ex-dividend date is Tuesday, September 12th. View MFS Municipal Income Trust's Dividend History.

Who are some of MFS Municipal Income Trust's key competitors?

Who are MFS Municipal Income Trust's key executives?

MFS Municipal Income Trust's management team includes the folowing people:

  • David H. Gunning, Independent Chairman of the Board of Trustees
  • Robin A. Stelmach, President and Trustee
  • Martin J. Wolin, Chief Compliance Officer
  • David L. DiLorenzo, Treasurer
  • James O. Yost, Deputy Treasurer
  • Kino Clark, Assistant Treasurer
  • Kenneth Paek, Assistant Treasurer
  • Kasey L. Philips, Assistant Treasurer
  • Frank L. Tarantino, Independent Senior Officer
  • Mark N. Polebaum, Secretary and Clerk

Who owns MFS Municipal Income Trust stock?

MFS Municipal Income Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (2.37%), Laurion Capital Management LP (0.43%), Ameriprise Financial Inc. (0.35%), Van ECK Associates Corp (0.24%), Cutter & CO Brokerage Inc. (0.21%) and Traynor Capital Management Inc. (0.00%). View Institutional Ownership Trends for MFS Municipal Income Trust.

Who sold MFS Municipal Income Trust stock? Who is selling MFS Municipal Income Trust stock?

MFS Municipal Income Trust's stock was sold by a variety of institutional investors in the last quarter, including Robinson Capital Management LLC, Wells Fargo & Company MN, MML Investors Services LLC and Cutter & CO Brokerage Inc.. View Insider Buying and Selling for MFS Municipal Income Trust.

Who bought MFS Municipal Income Trust stock? Who is buying MFS Municipal Income Trust stock?

MFS Municipal Income Trust's stock was bought by a variety of institutional investors in the last quarter, including Laurion Capital Management LP, Ameriprise Financial Inc., Raymond James Financial Services Advisors Inc., Traynor Capital Management Inc., Van ECK Associates Corp, Wedbush Securities Inc., Private Advisor Group LLC and Royal Bank of Canada. View Insider Buying and Selling for MFS Municipal Income Trust.

How do I buy MFS Municipal Income Trust stock?

Shares of MFS Municipal Income Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MFS Municipal Income Trust's stock price today?

One share of MFS Municipal Income Trust stock can currently be purchased for approximately $7.22.


MarketBeat Community Rating for MFS Municipal Income Trust (NYSE MFM)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  24 (Vote Outperform)
Underperform Votes:  18 (Vote Underperform)
Total Votes:  42
MarketBeat's community ratings are surveys of what our community members think about MFS Municipal Income Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MFS Municipal Income Trust (NYSE:MFM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for MFS Municipal Income Trust (NYSE:MFM)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for MFS Municipal Income Trust (NYSE:MFM)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for MFS Municipal Income Trust (NYSE:MFM)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for MFS Municipal Income Trust (NYSE:MFM)
Next Dividend:9/29/2017
Annual Dividend:$0.38
Dividend Yield:5.26%
Dividend Growth:-5.00% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for MFS Municipal Income Trust (NYSE:MFM)

Dividend History by Quarter for MFS Municipal Income Trust (NYSE MFM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/5/2017monthly$0.035.45%9/12/20179/13/20179/29/2017
8/2/2017monthly$0.035.43%8/15/20178/17/20178/31/2017
7/5/2017monthly$0.035.54%7/18/20177/20/20177/31/2017
6/2/2017monthly$0.035.48%6/13/20176/15/20176/30/2017
5/2/2017monthly$0.035.61%5/16/20175/18/20175/31/2017
4/4/2017monthly$0.035.41%4/18/20174/20/20174/28/2017
3/2/2017monthly$0.035.6%3/14/20173/16/20173/31/2017
2/2/2017monthly$0.035.39%2/14/20172/16/20172/28/2017
1/4/2017monthly$0.035.51%1/17/20171/19/20171/31/2017
7/2/2015monthly$0.036.18%7/14/20157/16/20157/31/2015
6/2/2015monthly$0.036.17%6/16/20156/18/20156/30/2015
5/4/2015monthly$0.035.95%5/12/20155/14/20155/29/2015
3/3/2015monthly$0.035.89%3/17/20153/19/20153/31/2015
2/3/2015monthly$0.035.53%2/17/20152/19/20152/27/2015
1/5/2015monthly$0.035.81%1/13/20151/15/20151/30/2015
12/2/2014monthly$0.036.06%12/16/201412/18/201412/31/2014
11/4/2014monthly$0.036.03%11/18/201411/20/201411/28/2014
10/2/2014monthly$0.036.06%10/14/201410/16/201410/31/2014
9/3/2014monthly$0.036.13%9/16/20149/18/20149/30/2014
8/4/2014monthly$0.036.22%8/12/20148/14/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MFS Municipal Income Trust (NYSE:MFM)
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 10.61%
Insider Trades by Quarter for MFS Municipal Income Trust (NYSE:MFM)
Institutional Ownership by Quarter for MFS Municipal Income Trust (NYSE:MFM)
Insider Trades by Quarter for MFS Municipal Income Trust (NYSE:MFM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/23/2014Maryanne L RoepkeDirectorBuy1,862$6.49$12,084.38View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MFS Municipal Income Trust (NYSE:MFM)
Latest Headlines for MFS Municipal Income Trust (NYSE:MFM)
Source:
DateHeadline
americanbankingnews.com logoMFS Municipal Income Trust (MFM) to Issue $0.03 Monthly Dividend
www.americanbankingnews.com - September 5 at 9:44 PM
americanbankingnews.com logoMFS Municipal Income Trust Announces Monthly Dividend of $0.03 (MFM)
www.americanbankingnews.com - August 2 at 6:26 PM
americanbankingnews.com logoMFS Municipal Income Trust (NYSE:MFM) Declares Monthly Dividend of $0.03
www.americanbankingnews.com - July 5 at 10:20 PM
americanbankingnews.com logoMFS Municipal Income Trust (MFM) Declares Monthly Dividend of $0.03
www.americanbankingnews.com - June 2 at 10:58 PM
americanbankingnews.com logoVery Positive News Coverage Extremely Likely to Affect MFS Municipal Income Trust (MFM) Stock Price
www.americanbankingnews.com - May 3 at 11:20 AM
americanbankingnews.com logoMFS Municipal Income Trust (MFM) to Issue Dividend Increase - $0.03 Per Share
www.americanbankingnews.com - May 3 at 12:10 AM
americanbankingnews.com logoMFS Municipal Income Trust (MFM) Announces Monthly Dividend of $0.03
www.americanbankingnews.com - April 4 at 10:40 PM
streetinsider.com logoForm NSAR-B MFS HIGH INCOME MUNICIPA For: Nov 30
www.streetinsider.com - January 26 at 12:57 AM
seekingalpha.com logoMFS High Income Municipal Trust goes ex-dividend today
seekingalpha.com - September 21 at 10:14 AM
forbes.com logoSecure Funds with Tax-Equivalent Yields of 10% or Higher
www.forbes.com - June 17 at 5:58 PM
finance.yahoo.com logoMFS Announces Closed-End Fund Distributions
finance.yahoo.com - January 4 at 4:25 PM
thestreet.com logo4 Fantastic Closed-End Muni Bond Funds to Boost Your Income
www.thestreet.com - November 15 at 12:15 PM

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Chart

MFS Municipal Income Trust (MFM) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff